JAKARTA, Jan. 11 -- The ASEAN Committee on Consumer Protection (ACCP) launched the Report of ASEAN Consumer Empowerment Index 2020 Pilot Project (ACEI 2020), as envisioned under the ASEAN Strategic Action Plan for Consumer Protection 2016-2025.
The ACEI is a composite index calculated on a country level based on questionnaire-styled surveys, in order to benchmark the national level of consumer empowerment in each ASEAN Member State (AMS), against that of the entire region.
It is based on a set of key indicators which are equally weighted and grouped into three main components: Consumer Awareness; Consumer Skills; and Consumer Behavior. The regional index is calculated as the weighted average of the ten country scores, in accordance with t...